IPO Financial News

Ather Energy has received approval from the Securities and Exchange Board of India (Sebi) to launch its initial public offering (IPO).

IPO papers with Sebi from September 10 to 23 and obtained the regulator's observations on December 23-27, an update with the markets regulator showed on Monday. The companies are Ivalue Infosolutions Ltd, Ather Energy, Oswal Pumps, Quality Power Electrical Equipments, Fabtech Technologies and Schloss Bangalore Ltd. In Sebi's parlance, obtaining observations means its go-ahead to float public issues.

IPO) of Fabtech Technologies Cleanrooms will open for subscription on Friday, January 3. The company aims to raise Rs 27.74 crores through the issue and its stock will get listed on the BSE SME platform.

₹284, suggesting the shares could list ₹284 above the issue price of ₹391. At this GMP and IPO price, Senores Pharma shares could list at ₹675, a premium of 73% over IPO price.Senores Pharmaceuticals Share Price Live: Senores Pharmaceuticals IPO was subscribed 93.69 times subscription in total as it garnered bids for 79.95 crore equity shares as against 85.34 lakh shares on the offer.

₹70 per share, according to stock market observers. This indicates that in the grey market, Ventive Hospitality shares are trading higher by ₹70 apiece than their issue price.

Ola Electric will remain in focus on Monday following the resignations of two senior executives, Chief Technology and Product Officer Suvonil Chatterjee and Chief Marketing Officer Anshul Khandelwal, effective Friday. Both Chatterjee and Khandelwal had longstanding tenures at Bhavish Aggarwal-led Ola, initially joining Ola Cabs before transitioning to Ola Electric. Chatterjee joined as Head of Design in 2017, while Khandelwal began in 2018 as Head of Marketing. Their departures add to a series of top-level exits from Ola’s businesses, including AI venture Krutrim, this year.

Senores Pharmaceuticals will debut on the exchanges on Monday. Ahead of the listing, the company's shares were trading with a GMP of Rs 284 in the grey market. Considering the upper price band of Rs 391, the stock is expected to list at a premium of 70% or above the issue price.

Ventive Hospitality will debut on the exchanges on Monday. Ahead of the listing, the company's shares were trading with a GMP of Rs 70 in the grey market. Considering the upper price band of Rs 643, the stock is expected to list at a premium of just over 10% compared to the issue price.

SEBI) proactive reforms, sectoral policies, and an evolving technological landscape. However, challenges such as regulatory compliance and global market volatility require careful navigation by stakeholders.

Looking forward to 2025, the strong momentum in the IPO market will continue through to the next year with some experts predicting the fundraising to cross Rs 2 lakh crore. This year, companies have cumulatively raised a record Rs 1.3 lakh crore.

DAM Capital Advisors made a strong debut on the exchanges, listing at a 39% gain over its issue price. The IPO received a significant investor subscription of nearly 82 times. DAM Capital is the fastest-growing merchant bank in India, achieving the highest revenue CAGR from FY22 to FY24 and the best profit margin among peers in FY24.

The IPO, with a face value of Rs 10, combines a fresh issue of up to 36 lakh equity shares and an offer for the sale of up to 42 lakh equity shares by promoter-selling shareholders.

Mamata Machinery more than doubled investors' wealth on the listing, delivering a blockbuster debut — the third biggest debut return for any IPO this year — as 2024 draws to a close. The company manufactures and exports plastic bags and pouch-making machines, packaging machines, and extrusion equipment. It provides end-to-end manufacturing solutions for the packaging industry.

initial public offering (IPO) of Anya Polytech & Fertilizers has been subscribed by nearly 16 times on the second day so far. The issue attracted strong demand from the retail investors, who had bid for over 31,43 crore shares by 11:20 am. Meanwhile, the non-institutional investors (NIIs) had bid for 4.93 crore lakh shares out of the 1,52,10,000 shares reserved for them, subscribing to the issue by 3.2 times.

«If this means that government has to cut down on government expenditure and that does not augur well for the infrastructure companies. If we look at post the COVID, both the corporate sector and the government have been reducing their debt,» says Manish Sonthalia, Emkay Investment Managers. We are perhaps ending the year on a bit of a sombre note because last couple of months have been all about correction. But do you see this correction protrude into 2025 or is it going to be a different picture? Manish Sonthalia: So, everything hinges on what happens in the budget and we are looking at the budget exactly one month's time. And, of course, the problems are well known. It is the slowdown in consumption. It is the slowdown in spending. So, these things need to be addressed. Otherwise, corporate earnings do not look like having more than a 10% to 12% growth.

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shares of Sanathan Textiles, Concord Enviro Systems, Newmalayalam Steel, DAM Capital Advisors, Transrail Lighting and Mamata Machinery will list on the exchanges on Friday. Among these, Mamata Machinery and DAM Capital Advisors are commanding a robust GMP in the grey market, while the others, even though positive, lag a bit.

Prospectus (DRHP) with capital markets regulator, the Securities and Exchange Board of India (SEBI), to raise Rs 792 crore through Initial Public Offering (IPO). The company focused on redevelopment projects in the luxury segment in the city’s western suburbs has already raised around Rs 400 crore through a private placement of 26.61 million shares at Rs 150 per share.

«At the same time, as the order inflow, government spending has improved and it will continue to improve, then the earnings outlook for 26 will start improving,» says Amisha Vora, Chairperson & MD, PL Group. You think that is realistically possible because it has been fairly volatile the last few months and when it comes to 2025, the big trigger, of course, is Mr Donald Trump coming back and that just means volatility. Amisha Vora: But also that we are starting 25 on a slightly sober note. And in 24, we cleared a big hump in terms of elections at the centre, some of the large states election which also led to a period when central government working spending slowed down.

Subscribe to enjoy similar stories. Investors in shares of hotel companies are enjoying a good view. So far in 2024, stocks of The Indian Hotels Co.